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security security in bengahzi, first the latest on newtown, connecticut. this morning president obama is expected to announce that vice president joe biden will spearhead his administration's response to the newtown shooting. the president is not expected to go into detail on policy decisions, but yesterday the white house hinted at what new legislation might look like. >> he is actively supportive of, for example, senator feinstein's stated intent to revive a piece of legislation that would reinstate the assault weapons ban. he supports and would support legislation that addresses the problem of the so-called gun show loophole. and there are other elements of gun legislation that he could support. people talked about high-capacity ammunition clips for example. that's something that certainly he would be interested in looking at. >> the national rifle association has broken its silence issuing a statement reading in part "the nra is prepared to offer meaningful contributions to make sure this never happens again." the organization has planned what it describes as a major news conferen
connecticut on the floor here, and i know they are coming to speak about the horrible tramgd in newtown last friday. i will abbreviate my remarks so they can have the floor and commend both of them for extraordinary statements last night at a memorial service. i will not forget ever some of the things they shared with us about this terrible tragedy. but i come to the floor this morning just for a few moments to pay tribute to one of my great friends and one of my great colleagues, danny inouye, who passed away yesterday. the majority leader has done such an extraordinary job recounting his life, and i think back what it must have meant to him as he witnessed pearl harbor at the age of 20. he said that he realized at the time that the pilots in those planes that were bombing his family and others in hawaii were people of the same ancestry as his father, and it hurt him. it hurt him as well to be branded as suspect because of his japanese origin and to see literally tens of thousands of japanese americans interned in camps because their loyalty was questioned. he took the opportunity to volunt
. >> in a few moments, senators on school shootings in newtown. in 40 minutes, discussion of global counterterrorism, and then the u.s. ambassador to china, gary locke, on the relationship between the two countries. >> our first experience was to come in a different way than every other family up here. probably never happen again in history. and it's interesting because after dad was sworn in, we went and took a picture, photo of the family, behind the oval office desk, and that night we didn't get to move into the white house because nixon had left so quickly, so unexpectedly, they left their daughter and son-in-law, david eisenhower, to pack all their clothes and belongings. it literally took seven or eight days. we had to go back to our little house in alexandria, virginia, suburbia, the neighborhood was surrounded by secret service. we had been living there dad was vice president. and i'll never forget. that night mom is cooking dinner. literally, we're sitting around the dinner table, and mom is cooking dinner, and she looked over at my dad and goes, gerry, something is wrong h
. >> will the debate be different in america after the new town school massacre. -- newtown school massacre? >> german policymakers say the countries making good progress and plans to phase out nuclear energy and increase its dependence on renewable energy. >> in berlin this morning, they delivered their first assessment of infrastructure changes that will be needed to phase out nuclear power by 2020. >> with federal elections next year, energy is a key policy issue, and the government says 10 billion euros is being invested to keep the country's infrastructure up to date. >> germany's economics minister and environment ministers say they want to work together to complete the country's energy transformation. in the past, they have squabbled about details, but now, they say they are united. >> we are going to reach our goals. environmental protection by phasing of nuclear energy and expanding the use of renewals, ensuring energy security despite turning off eight nuclear plants, and a third aspect -- to make it affordable. >> the economics minister has often warned against soaring energy costs. prices
continuing coverage of your markets, all your post-close news and, of course, what is going on in newtown, concome our hearts and prayers go out to all those people affected by that. "closing bell" is next. >> i'm bill griffith. welcome to "closing bell." maria will be along here in a few minutes at the new york stock exchange, and we add our sentiments as we continue to update you on the horrific massacre at the connecticut elementary school. our deepest prayers and sympathies to all of the families and others hit by this senseless tragedy. the horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to let you know. president obama is set to make a statement on this tragedy from the white house around 3:15 eastern. our john harwood is in washington with some more details on what we know right now. john? >> reporter: well, bill, the horror of this tragedy is also muted talk of anything else in washington for the day, including the fiscal cliff and
a couple of big steps back. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms for prospects of a deal. >> by the w
to help each other out. >> we will be leaving newtown to give this small town its streets back. for the residents here to grieve and share together. but we're not going to stop covering this or talking about it in honor of those who died to make those in power take action to stop anything like this from happening again. "piers morgan starts now." >>> tonight, two more funerals, two more impossibly small coffins what will america do to stop a madman. >> i am a supporter of the second amendment. but i believe it's time for us to move a different direction. >> and the congresswoman who lost her husband in the long island railroad shooting. >>> also, i'll go one-on-one with a gun advocate who said that lawmakers who vote for gun control have blood on their hands. could he be serious? >>> and why the second amendment doesn't say what you think 2 does. >>> plus a class gunned down, a teacher to protect them. main who lost his daughter. >> they believe that because the problem is guns the answer is guns. it's simply ridiculous. >> we'll go inside the mind of a killer. what dr. oz thin
force to be led by vice president joe biden in the aftermath of the school children massacre in newtown, connecticut. biden, a long-time gun control advocate will lead a team of top administrative officials and representatives from outside groups. sensible gun rules, including an assault weapons bans, as well as examining mental health issues will be on the table zbp we're going to have to work on making access to mental health care at least as easy as access to a gun and look at a culture that all too often glorifies guns and violence and any actions we must take must begin inside the home and inside our hearts. >> and last night the nra broke its silence on the newtown tragedy saying it is prepared to take steps so that nothing like this ever happens again. no comment today from republican congressional leaders on the president's announcement. joe? >> okay, hampton. thank you very much. so our new gun control measures the solution. our next guest says not so fast. the rush to reduce the number of guns throughout could be very misguided. and don't forget larry's credo, free market capi
died. and in the case of the school in newtown, we know that that's what happened again, even in a greater magnitude. i think we're at a point now where people said enough. every grandparent, like myself, every parent who has a young child, is looking at the situation and saying, we cannot let this happen again. so i believe that the american people are going to take a different look at what happened last friday. and they're going to demand, as they should, that those of us who have been sent to congress, to make action and to do what's right by our country, that we're going to actually do something. and we must do something. and that's what my commitment is, as i think are many more members of congress' commitments. including people who have traditionally supported -- the national rifle association has supported by it. to make it clear, i'm a second amendment supporter. i believe that's a good amendment for our country. but we have to move beyond that. these weapons have no place in the school. as you your previously guest suggested. we have to deal with this problem on two l
and tougher subject. the nation is still rightfully consumed with grief over the newtown school shootings next up on "kudlow," we'll continue our discussion of how best top prevent these unspeakable atrocities in the future. we don't have all the answers, but we'll try to get a good discussion for you. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>> welcome back to "the kudlow report." in this half hour, a new investigation blasts a government agency for huge pro-union favoritism. congressman darrell issa will join us later on. and stocks are having a fine year. we'll take a look at how it may continue. >>> but first up, the questions and grieving continue in newtown, connecticut, tonight.
of the newtown school shooting. there was a stirring scene last night. the word hope, spelled out with candles, outside the wake of sandy hook elementary principal dawn hochsprung. and there was this. hundreds of firefighters standing at attention at the funeral of 7-year-old daniel barden, who wanted to be one of them when he grew up. today, vice president joe biden will begin meeting with law enforcement officials to discuss how to prevent another tragedy like newtown. we're going to have more on those talks coming up in just a moment. >>> and new concerns about marijuana and prescription drug use among teens this morning. a new survey finds 23% of high school seniors now admit smoking pot in the last month alone. 7% say they smoke it every day. and 1 in 12 teens now admits to using the stimulant adderall, which treats attention deficit disorder. a significant increase from just three years ago. >>> and finally, a $500 million mystery this morning after a whole lot more than a prayer was left at jerusalem's holiest of sites. a visitor at the famed western wall found an envelope, you guys. it
the dead in newtown, connecticut, and all week, the argument over the kind of guns available in america and the kind of people that can get all of them. it has gone back and forth. while the fire he said raged, the gunman killed himself. he had already spent 17 years in prison for killing his grandmother. as a convicted criminal, he was not allowed to possess firearms. a cold christmas awaits the families of two firefighters. bbc news, washington. >> in afghanistan, at least seven security officials including an american adviser have been killed by local police officers. in the first shooting, a policewoman opened fire inside the police headquarters, killing the americans. it is the first time a female member of the afghan services has turned on a member of the nato force. a report. >> the 33-year-old was a sergeant with the afghan national police, and earlier this morning, the woman shot and killed a civilian adviser. according to officials, she had planned to kill senior afghan officials but could not find any so shot the advisor instead. at the police headquarters, it is one of the m
latest survey and president obama spoke at an evening vigil in the community of newtown, connecticut, raising the prospect of policy changes to stem gun violence. it is monday, december 17th, 2012 and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not
to prevent against massacres like the one in newtown. what folks across the country are doing to ensure a more peaceful holiday for those families in connecticut. that's still ahead on "the fox report." [ both ] people loved our wedding slide show. that is the end... of carousel one. ...of carousel one. there's carousel two! all right! [ male announcer ] when you combine creamy velveeta with zesty rotel tomatoes and green chiles, you'll get a bowl of queso that makes even this get-together better. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> jamie: the national rifle association again insisting that gun regulation also not make children any safer. the organization broke silence about massacre at a school in newtown connecticut that left 26 women and children dead. executive blaming violence on influences including video games, music videos, movies and even the media even suggesting that armed officers be in ev
for them and their parents -- my heart breaks for them and their parents and the people of newtown. i looked at the picture of little caroline previdi, one of the 6-year-old children who died. i'm sure she was a happy child, full of life's potential, just like my own little caroline who just turned 7 a few days ago. what can you say? it's unthinkable that a person would kill innocent little children with such cravenness and violence. these children's christmas presents are still under the tree. their moms and dads are still looking at them. in this town, will we pride ourselves on rhetorical flourish , precision of thought and volume of words, what can you say? what can you do? other than stand in solidarity, in spirit with the grieving families and perhaps, just perhaps hug those that you love a little bit tighter. now, madam speaker, the sandy hook elementary school tragedy is sparking a national debate about how and why this happened and how it might have been prevented. that debate is understandable and needs to happen. in the coming weeks, congress will be called on to react. que
to new gun laws in the aftermath of the killings in newtown, connecticut. the ceo went on "meet the press" to defend his call for armed guards in every american school, but here's what a couple of front pages said about wane laperriere. one called him a gun nut and another one headlined with the crazy heest man on earth. laperriere he is not backing down. watch. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. i'll tell you what the american people -- i think the american people think it's crazy not to do it. >> there are several lawmakers who are promising to introduce new gun control legislation, and the president formed a new team to come up with ways to limit assault weapons. >>> an idaho senator is apologizing after he was charged with driving under the investment. they arrested senator michael crapo early yesterday after he ran a red light. he failed several field sobriety tests and his blood alcohol level was .110 well above the legal leg legal limit. he's due in court january 4th. >>> just check out the scene
events like the one in newtown. first, the psychologist of the killer. second, the environment of violence in our culture. third, the easy access to guns. each of these might explain any single event, but what we should be trying to understand is not one single event, but why we have so many of them. let's look at the facts. according to the u.n.'s office on drugs and crime, the u.s. gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not really since it's largely the same popular culture worldwide. england and wales are exposed to cultural influences as the u.s. yet, their rate of gun homicide is some 3% of ours. the japanese are at the cutting edge
in newtown, connecticut. what can be done, if politics is the art of the possible? where does the possible reside in america? we talk solutions today on "power lunch." my partner, sue herera, sue? >> let's look at where major averages sit right now. just a second ago, we were up 80 point on the dow. we are close to the highs of this session so far. nasdaq composite is up 29 on the trading session and s&p 45u7b is up 13. it is that optimism over the fiscal cliff which increased over the weekend after house speaker boehner edged ever closer to president obama's position. indeed, the speaker met with the president at the white house this morning. eamon javers is at the white house. eamon? >> previous meetings between the president and speaker had been telegraphed a little bit. this one was not today. this is an interesting development but a grim-faced speaker bainer who arrived back up on capitol hill not talking to reporters. we don't yet have a sense of what was in the meeting, what the substance of it was. what we do know is what speaker boehner offered on friday, in a phone call to the pr
. in newtown, connecticut w ednesday. politicians are discussing how to prevent another mass killing in their classrooms. >> we have an obligation to try. >> he has put his vice president in charge with coming up with suggestions. >> there is already a growing consensus. in majority of americans support banning the sale of military-style assault weapons, a majority of americans support banning the sale of high capacity ammunition clips. >> the president is not saying that he is considering laws that would get rid of the 200 million guns that are already owned in the u.s. most of the pro-gun rights congressman have stayed quiet in the last few days but some are starting to come out to say they will fight any legislation. >> no, they will not fix it. >> people believe for the first time in a very long time this mass shooting, more than the others, can force congress to act. >> i think people have been intimidated by the whole subject. that is where i think the vibe is different. by no means am i under estimating the difficulty of this. >> the president is calling on the american people
hearts and prayers --all of our hearts and prayers are with the families in newtown, connecticut, grieving the loss of their children and loved ones. we remain committed to try to minimize the impact on hard-working families and small businesses in this country as far as tax increases are concerned. we look to find the answer on the spending issue here in washington. the president has not come to or he needs to be in order for us to push through a bill that begins to address the problem. we are now discussing an alternative plan. thank you. >> we have been trying to make sure we didn't go off this fiscal cliff. at the same time, put america on a different path. the speaker felt maybe he was negotiating with himself after plan after plan and the president stayed silent. we heard nothing but silence. today we have to go to plan b. we want to make sure we do not call off the cliff and that we keep an economy where jobs can be created. we have to remember where we are in the situation. we are two months into a new fiscal year. we are $292 billion in debt. revenues are up by 10%, $30
. but later on in the week, housing numbers final q3 gdp. keeping a close eye on newtown, connecticut, our hearts and prayers going out to the victims there. remembering those who lost their lives at sandy hook elementary in newtown. >>> a moment of silence observed at the new york stock exchange. in remembrance of those who lost their lives in the newtown, connecticut, shootings. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> time for the "mad dash" on a monday morning. apple gets an inordinate amount of attention. but it's not the sole source of pain. >> no. i'll tell you something, carl, we used to try to figure out who is in the apple device. tear it d
selling its investment in gunmaker freedom group in light of last week's school shooting in newtown, connecticut. it did have a stake in freedom group. it has invested $751.4 million as of the end of march. cerberus acquired bushmaster last year. and my column today focuses on the number of private equity firms that have major stakes in gunmakers. colt, by the way, is another that is one of them. mid ocean owns a piece of bushnell. doesn't make guns, makes everything but the gun itself. >> what do you mean, the components? >> if you want a 25 round magazine loader, they have it. if you want a military grade night vision, they have it. if you need laser guided things, that's what they make. >> but if you look at the numbers, the sales of a lot of these gunmakers, freedom group in particular have been rising sharply. and, you know, the day after -- >> and the automatic rifle, that's where the growth is coming from. >> absolutely. the day after president obama was elected, you saw a sharp jump in sales. >> i should say as of last night when i was working on this piece, there was a a br
their lives in the sandy hook elementary school shootings in newtown, connecticut. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. can i still ship a gift in time for christmas? yeah,
in newtown, concould. police briefed the media giving the latest information, and here's what we know so far. 26 total victims, 20 of them young children. civics them were adults in the shooting that happened around 9:30 this morning. investigators say that a gunman came to the sandy hook elementary school here in newtown. he entered. he went to a classroom that nbc news has learned was taught by his mother. she was a kindergarten teacher here. it's believed that the gunman killed his mother and the children in her classroom. police say they continue to investigate. they are processing the scene right now. they are also going to court to get search warrants to execute them in various locations, of course, trying to answer the big question whenever something like this happens why? why did this happen? investigators don't even venture a guess of how long they will be processing the scene, the school which was just a short ways from here. they say they are going through it meticulously to try and figure out exactly what happened minute by minute and try to figure out exactly why this happened.
power of the tragedy in newtown, connecticut, to try to put the pressure on republicans. he talked about them taking off their partisan war paint. he said he'd more than met them halfway in terms of spending cuts that he's offered, coming up in the income threshold for tax increases, and he has the upper hand in public opinion. there's no question about that. he is not surrendering that at this point. the question is whether speaker john boehner can move his caucus, even as far as he's already moved further toward the president. that's what the next couple days are going to be about. >> thank you very much, john. do you think, you think really sort of rumbling that we're hearing means that we have actually moved further away from the possibility of what i'm going to call the first of the 12 days of cliffness? >> insiders in both parties are telling me they think the prospects of no deal and going over the cliff have risen significantly. now, i continue to think that the fundamentals exist, as the president said in his news conference, there are only a few hundred billion dollars apart ov
. >> america had a moment of silence for the victims of the newtown massacre. exactly one week ago, a young man armed with a semiautomatic rifle gunned down 20 people in connecticut. meanwhile, the national rifle association has taken a hard- nce on the issue, calling for armed security guards in yev american school to protect students. >> the gun owner's organizatitin has proposed the establishment of a national school shield program, saying a bad guy with a gun can only be stopped by a good guy with a gun. the head of the inner raymond it clear that the nra opposes new gun laws. pro-gun control activists twice disrupted the press conference in washington. russian president vladimir putin has made sharp comments about a european energy law, saying it causes confusion and undermined trust. russia is the biggest exporter of energy to europe. >> putin was speaking in brussels, where he has been holding talks with eu leaders. his first visit after he was reelected. although russia and the you are close trading partners, there are various contentious issues which divide them. >> vladimir putin did
? gregg: new information about the man behind the horrific newtown, connecticut massacre. what scientists may learn about the gunman and why he carried out such a monstrous act. heather: new concern of president obama's new choice for secretary of state. why republican senators are refusing to approve senator kerry. gregg: ambassador john bolton will be us to yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. when i'm out with my kids, my daughter'like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. o
to axiron.com. ♪ >> twenty-two minutes past the hour updating you on that breaking news story out of newtown, conn. a mass shooting at sandy hook elementary school. we are now learning there are at least 26 fatalities, eight adults, 18 children. there is no active shooter at this time, as we are hearing. the gunman took his own life. state police have cleared the scene. we are moments away from a police news conference at the school. we will take you there when it happens. the justice department reporting to hand guns were recovered at the scene. a block and a six hour. no terrorist connection at this point. the same producer. the gunman was dressed in a military like outfit wearing black beady use in the military best there are reports of a second %-confirmed as of yet.not been law-enforcement sources saying there is no motive at this time. white house press secretary is saying last our president obama was notified about the shooting might deputy national security advisor john brennan. the white house is still waiting for more information about the incident, but the president is receiving r
applebaum. later, the service earlier tonight in newtown, connecticut . the expression -- he coined the expression iron curtain. it was such an evocative description of what happened when he gave the speech that i thought it was important to put that the beginning of the book. >> did you ever think of what he called that the iron curtain? >> there is a long story. it is a theatrical term. there was an iron curtain theaters used to use to prevent fires. churchill used it first in private. >> you know why? >> it was a favor for truman. that is where truman was from. >> let's get a slice of that speech. >> an iron curtain has descended across the continent. behind that line, like all the capitals of the ancient states of central and eastern europe -- berlin, prague, vienna, budapest, belgrade, bucharest. all of these famous cities and the population around them lying in rubble -- lie under the soviet sphere. >> why did you want to talk about this? >> i was inspired in my first book, and while this is in no way a sequel it represents thoughts i had. one thing i got interested in is the
>> just about 42 after the hour. i'm arthel neville. this is update on breaking news story out of newtown, connecticut, where 26 people including 20 children are dead in one of the worst mass murders in our nation's history. president obama deliver ad statement last hour saying the u.s. has been through shootings like this too many times and meaningful action will have to be taken regardless of politics. the president also ordered the u.s. flag be flown at half-staff at all public buildings and grounds including the white house in honor of the victims. sources have identified the gunman as 20-year-old adam lanza. after initial information mistakenly pointed to his older brother. he is originally from newtown, but was living in hoboken, new jersey. apparently lanza took his own life. we'll keep you updated as more information becomes available. our hearts and prayers go to the victims and their families liz: looking for alternative places to invest if you're too worried about stocks? maybe you should consider investing in a pop icon. the rights to all the episodes of what's on your screen,
%, but also provided a downgrade to neutral, this is the reason why. the analyst explicitly saying the newtown tragedy provides pressure on stricter gun laws. the ban of sales of assault rifles and magazines with overhang of the congressional gun debate going on. it will be very interesting to watch how these gu gunmakers and manufactures do with everything going on around us. we did see a nice comeback for smith & wesson today. david: let's take a look at them right now, the numbers for bed, bath, and beyond? liz: looking at a name they were waiting to see what margins were here. the stocks are trending at the moment. cse $1.75 for the outlook, that maybe what it is getting people little bit spooked. as you see, this is a big drop after the minute they came oof e headlines, when their modeling the net earnings per diluted share to increase approximately 12%, analysts looking at those saying what about that. authorizing a new share repurchase program about $2.5 billion. david: we have an analyst watching, what do you think of these numbers? the numbers don't like it after hours. >> coming into
of the shooting rampage in newtown, connecticut. a state department inquiry into the september 11 terror attack in benghazi, libya, criticized the agency harshly for inadequate security that -- but specificrecommend signi individuals. and we begin today in on the details of john boehner's plan to avoid the fiscal cliff. we want to hear from you. how optimistic are you that a compromise can still be reached before the end of the year? give us a call -- and you can get up with us on all your social media web sites on facebook and twitter, or e- mail us. a very good morning to you. i want to take you to the lead story in today's washington post. that was today's washington post. here's the headlines from "politico" today. i want to take you to speaker john boehner's comments on the state of the current negotiations and his plan b. [video clip] >> what the white house offered yesterday was $1.30 trillion in new revenues for only $850 billion in net spending reductions. that is not balanced in my opinion. at the same time we will continue to talk to the president, we will also move to plan b. we all
in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end
. >> thank you. >>> ahead on "starting point." two weeks from the horrific shootings in newtown, connecticut. now some teachers getting on board with the idea of getting armed. dozens of people trained to shoot. the man who taught it and one of the teacher who's took it coming up. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ thank you. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ ♪ i need you by my side >> 24 minutes after the hour. soul singer fontella bass has died best known for "rescue me." the song sure had legs it was rerecorded by cher, pat beena tar. and more. she died wednesday night of complications of a heart attack she suffered three weeks ago. 7 yea2 years old. >>> deteriorating security in the central african republic has forced the u.s. state department to temporarily su
. the public since newtown, or even before turned rather substantially against the idea of allowing assault weapons to be purchased, to allow assault ammo to be purchased. they're factually wrong. the fact is more children are killed accidentally with guns around the house than have been killed in school shootings since 1960 by far. third, you know, it is just defies common sense. people, if you put a guard at a door, what about the other doors of a school? how about the fort hood shooting? the nra had talks about only way you take on a bad guy is a good guy with a gun. fort hood was mobbed with good guys with guns yet, one guy, very determined who took a lot of those soldiers out. so, look, obviously there countries that have mental illness, that have video games, they don't have the problems with guns the united states has. that is the big variable. and, i really think that the public is becoming pretty fed up with the notion that somehow or other we should throw up our hands and do nothing. kelly: richard, of course, richard is talking about wayne laperriere, the vice president of the po
laws? >> you know, david, i think anybody who was up in newtown who talked to the parents, who talked to the families, understands that something fundamental in america has to change. and all of us have to do some soul serving, including me as president, that we allow a situation in which 20 precious, small children are getting gunned down in a classroom and i've been very clear that, you know, an assault rifle ban, banning these high capacity clips, background checks, that they're a set of issues that i have historically supported and will continue to support. >> but can you get it done? >> so the question is are we going to be able to have a national conversation and move something through congress? i'd like to get it done in the first year. i will put forward a very specific proposal based on the recommendations that joe biden's task force is putting together. >> but it's not going to work. it didn't work before, it's not going to work now. >> my response is something has to work. it is not enough for us to say this is too hard, so we're not going to try. so what i intend to do is
that has visited tucson, all right, oak creek, newtown, and communities from columbine -- like columbine, then we have an obligation to try. in the coming weeks, i will use whatever power this office holds to engage my fellow citizens in an effort to prevent more tragedies like this. what choice do we have? we cannot accept events like this as routine. are we really prepared to say we are powerless in the face of such carnage? that the politics are too hard? are we prepared to say such violence visited upon our children year after year is the price of our freedom? , soll the world's religions many of them represented here today, they start with a simple question. why are we here? what gives our life meeting? what gives our acts purpose? we know our time on this earth is fleeting. we know we will each have our share of pleasure and pain. even after we chase after some earthly goal, we will fall short of what we hoped. we know no matter how good our intentions, we will all stumbles sometimes, in some way. we will make mistakes. we will experience hardships. even when we are trying to do th
. >> founder and ceo of meredith whitney advisory group. >> want to update you on the tragedy in newtown tragedy. danielle lee back with the very latest. >> reporter: good afternoon. students returned to their classroom today aside from those attending sandy hook elementary, and when they did they were greeted by increased security and counselors on hand in case students needed to process. one parent said it was harder to send her son back to class and she believes this is a necessary part of the healing process for these students, but as all of that happens, as the students return to class just up the way behind me is a memorial still filled with lots of people, crowds of people struggling to move on. there were two more funerals today, and right now a wake is under way for that teacher that we've heard so much about, vicki soto works died trying to protect her children. the school, sandy hook, is still indefinitely closed while police investigating, even a nearby town says they can have another school red the for those students by tomorrow. the district has not decided when they will b
think it's been a travesty in the wake of newtown, and yes, we should have a conversation about gun control and there should be parody with taking care of the mental health of americans. that discussion has been drowned out or lost or lost or never, ever happened. mr. lanza was obviously a very sick individual and needed help. i'm not sure the mental health discussion has gotten enough attention. what do you think? >> no, it hasn't. in fact, what's been happening is, of course, there's been more stereo typing stereotyping ever people with mental illness calling these people crazy. yes, he probably did have autism and/or asperger's, but people with those disorders don't generally become violent and what's interesting is that on some of the stories on the internet there are people who have made -- posted comments blaming what he did because there have been some unconfirmed reports that maybe he was take something medication. people have made comments blaming the shooting rampage on the medication. this isn't true. the problem is that people -- anybody who needs medication needs to be
the hour. i have your fox news minute. school is back in session and newtown, connecticut, with the exception of sandy hook elementary. meanwhile, mourners paying final respects to two more students killed in that tragic shooting. government officials say that the -- is working to stabilize the condition. they have not decided if he will be treated in baghdad or another country. a harvard university astronomer is think the device is stumbling in space and officials have not picked up any transmissions. that is to sign pointing to it being inactive at this point. back to you, dagen. dagen: thank you very much. let's talk about these markets. we have a pretty nice rally going on. gold is down. we have gains across the board it was the biggest game of the month, so far. over 10 million, and just 48 hours. the number of copies of google maps downloaded. there is the google stock price today. u.s. government hitting toyota with a record $17.4 million fine. it delayed a safety recall. remember 2010, over 48 william dollars for three violations when you think of christmas dinner,
. it has been reported 20 children died in the school massacre in newtown. participants called on president obama to address gun violence. >> today is the day. today is the day. >> today is the day. >> today is the day. >> today is the day. we are going to call for a moment of silence. all of us that have candles, we are going to ask you to lift the candles as a career -- p rayer to the children who lost their lives today. let us pause for a moment of silence. let us lift up our candles as a light shining in dardanus. as a light shining in dardanus' all across this country. we can change -- as a light shining in darkness. we can change pain into joy. we can change the sarraute into gladness. today -- the sorrow into gladness. lift up those lights, brothers and sisters. let the lights shine so everybody can see that today is the day. mr. president, we are calling on you, citizens who voted for you, who gave you in another term to lead us, by the state of the union address, please let out a plan of action to how we may address this scourged of gun violence in our community. it is not just in
the bushmaster rifle used by the shooter. all dpuns have been removed from stores near newtown. a lot of debate about the degree to which private equity has inserted itself into the debate. some investors may be rethinking their position on investing in companies like freedom, and certainly you read the statement from service -- >> it's straightforward. very interesting story. if you get a change in heart on the part of the pension funds that make up so much of the funds for private equity, not to mention, by the way, hedge funds and other investors out there, you could see some ramifications. this certainly may be one of them right here. the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in perspective for
to string of deadly shootings we've been covering like that one and newtown, connecticut, and aurora, colorado. a new york newspaper is facing a fierce backlash. look at this. this interactive map on the website. if you click on dots it gives you names and addresses of registered pistol permit holders. those who have guns legally, we should point out. david lee miller has the story from our new york city newsroom. hi, david lee. >> reporter: hi, jamie. all readers have to do is click on a colored dot on the interactive map published by "the journal news" and people can see names and addresses of people who have permit for the gun. the gun owner next store, what you don't know about weapons in your neighborhood. in a follow-up article the paper says, thousands of people reacted in rage. callers complained their privacy was being violated and personal safety was put at risk. the newspaper says it legally obtained the information after making freedom of information request in rock lan and westchester, two counties just outside of new york city. the paper is waiting for nearby putnam cou
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